About Clara Health
Clara Health is a company based in Boston (United States) founded in 2015 was acquired by M&B Sciences in March 2022.. Clara Health has raised $18.19 million across 5 funding rounds from investors including Plug and Play Tech Center, Founders Fund and Thiel Foundation. The company has 36 employees as of December 31, 2022. Clara Health offers products and services including Decentralized Trial Platform and Patient Navigators. Clara Health operates in a competitive market with competitors including Evidation, myTomorrows, Antidote, SubjectWell and Belong, among others.
- Headquarter Boston, United States
- Employees 36 as on 31 Dec, 2022
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Sectors
Healthcare
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18.19 M (USD)
in 5 rounds
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Latest Funding Round
$11 M (USD), Series A
Apr 15, 2020
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Investors
Plug and Play Tech Center
& 4 more
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Employee Count
36
as on Dec 31, 2022
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Acquired by
M&B Sciences
(Mar 09, 2022)
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Products & Services of Clara Health
Clara Health offers a comprehensive portfolio of products and services, including Decentralized Trial Platform and Patient Navigators. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform connects patients to studies for new treatments with guidance.
24/7 guidance helps users find and participate in clinical studies.
Unlock access to complete
Funding Insights of Clara Health
Clara Health has successfully raised a total of $18.19M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $11 million completed in April 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $11.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Series A - Clara Health | Valuation | Founders Fund |
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| Jan, 2020 | Amount | Series A - Clara Health | Valuation |
investors |
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| Jun, 2019 | Amount | Seed - Clara Health | Valuation | Plug and Play Tech Center |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Clara Health
Clara Health has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Plug and Play Tech Center, Founders Fund and Thiel Foundation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in technology and defense sectors.
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Founded Year | Domain | Location | |
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Startups are accelerated and invested in across multiple tech sectors.
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Founded Year | Domain | Location | |
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Support for science, technology, and long-term thinking initiatives through programs and backing for problem solvers.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Clara Health
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Clara Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Clara Health Comparisons
Competitors of Clara Health
Clara Health operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Evidation, myTomorrows, Antidote, SubjectWell and Belong, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Real-world health data is provided for research and decisions.
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| domain | founded_year | HQ Location |
Platform provides access to drugs in development to patients and physicians
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| domain | founded_year | HQ Location |
Provider of search engine tool for patients to explore, understand and access clinical trials.
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| domain | founded_year | HQ Location |
Clinical trials marketplace for patient recruitment solutions is provided.
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| domain | founded_year | HQ Location |
AI-enabled platform sources candidates for inclusive employment of disabled individuals.
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| domain | founded_year | HQ Location |
Patients for clinical trials are identified through a dedicated platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Clara Health
When was Clara Health founded?
Clara Health was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Clara Health located?
Clara Health is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Clara Health a funded company?
Clara Health is a funded company, having raised a total of $18.19M across 5 funding rounds to date.
How many employees does Clara Health have?
As of Dec 31, 2022, the latest employee count at Clara Health is 36.
What does Clara Health do?
Clara Health was founded in 2015 in Boston, United States, within the health technology sector. An online platform is operated to enable patients to search for, save, apply to, and receive notifications about relevant clinical trials. Additional services are provided to researchers for streamlining and accelerating patient recruitment processes in clinical studies.
Who are the top competitors of Clara Health?
Clara Health's top competitors include Evidation, myTomorrows and Dyania Health.
What products or services does Clara Health offer?
Clara Health offers Decentralized Trial Platform and Patient Navigators.
Who are Clara Health's investors?
Clara Health has 5 investors. Key investors include Plug and Play Tech Center, Founders Fund, Thiel Foundation, Rough Draft Ventures, and M&B Sciences.
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